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Dec 21, 2012
12/12
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nicole, i can see a sea of red, of red ink on the new york stock exchange. >> oh, yes. stuart: which are the big losers so far? >> you have caterpillar, bank of america, cisco systems and those are some of the biggest losers on the dow industrials. when we're seeing the dow down 3/4 of 1%, that's triple digits on the dow, right? it's 116 points ap tnd the othe thing i should note. tech heavy nasdaq, seems dramatic. 1.77%, that's a terrible day on wall street if that holds at that level. stuart: all right, i want to show everybody how bad it is for the dow 30. all 30 of the dow jones industrials stocks are showing red n tactffactactfufact-- in fact, the board is a sea of red and losing from 2 cents coca-cola to a big drop bank of america. talking about actual dollar terms and percentage terms, it's down. i'm going to mention a specific stock now, that would be facebook. a big part of facebook, good part it's free, right? that's what makes it cool. got it. now, facebook says it's begun testing a system for users to send messages to people outside their immediate circle of
nicole, i can see a sea of red, of red ink on the new york stock exchange. >> oh, yes. stuart: which are the big losers so far? >> you have caterpillar, bank of america, cisco systems and those are some of the biggest losers on the dow industrials. when we're seeing the dow down 3/4 of 1%, that's triple digits on the dow, right? it's 116 points ap tnd the othe thing i should note. tech heavy nasdaq, seems dramatic. 1.77%, that's a terrible day on wall street if that holds at that...
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Dec 27, 2012
12/12
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stuart: we have these two in new york. adam, the whole point about keeping handgun ownership secret is that the bad guys do not know what they are letting themselves in for when they are bursting into your house. you may have a gun. they do not know. >> if you have the gun and you believe it will protect you, it was still protect you. i do not think it was bad what the newspaper did. if people want to break into
stuart: we have these two in new york. adam, the whole point about keeping handgun ownership secret is that the bad guys do not know what they are letting themselves in for when they are bursting into your house. you may have a gun. they do not know. >> if you have the gun and you believe it will protect you, it was still protect you. i do not think it was bad what the newspaper did. if people want to break into
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Dec 18, 2012
12/12
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nicole petallides is there on the floor of the new york stock exchange. some breaking news. it's just crossing. we have the latest reading on the homebuilders sentiment. we got a number for you. it is 47. that's a sentiment indicator. it's up for the 8th straight month. i think that that suggests still housing is a bright spot in the economy. you agree with me? david: specifically with homebuilders because there have been so -- that sector had been so hardly hit by what we've been going through over the past five years, the number of home contractors has decreased from something like 1.4 million down to about 600,000 right now. so there is tremendous room for new home building, and there is supply and demand issue there. charles: oh, david: a lot of people don't want to go out on a limb, they want to look for safer, there's no return now on government bonds or corporate bonds so you have to buy real estate. stuart: you agree with me as well? charles: no, i like individual stocks. david: we are not all as smart as you. that's the problem. [laughter] stuart: boehner is in a me
nicole petallides is there on the floor of the new york stock exchange. some breaking news. it's just crossing. we have the latest reading on the homebuilders sentiment. we got a number for you. it is 47. that's a sentiment indicator. it's up for the 8th straight month. i think that that suggests still housing is a bright spot in the economy. you agree with me? david: specifically with homebuilders because there have been so -- that sector had been so hardly hit by what we've been going through...
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Dec 17, 2012
12/12
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general electric, meeting with investors in new york today. on friday it raised its dividend, but it will pay it next year. not good for shareholders because if taxes go up, they'll be paying a higher dividend on taxes paid next year. and then ubs, it could pay an illegal fine for illegally manipulating interest rates known as libor and the stock is down aly bit more today. caribou coffee being taken over for $16 a share, 340 million dollars total. it's halted from trading right now. we'll let you know when it starts trading and finally, lexicon pharmaceuticals, one of its drugs giving fast track by the fdaen market kind of likes that, 7% gain. and barely budging, obamacare expected to cost billions of dollars. but if your doctors were only paid if you stayed healthy would that save money? we'll talk to a doctor about that next. ♪ [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support
general electric, meeting with investors in new york today. on friday it raised its dividend, but it will pay it next year. not good for shareholders because if taxes go up, they'll be paying a higher dividend on taxes paid next year. and then ubs, it could pay an illegal fine for illegally manipulating interest rates known as libor and the stock is down aly bit more today. caribou coffee being taken over for $16 a share, 340 million dollars total. it's halted from trading right now. we'll let...
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and nicole petallides on the floor of the new york stock exchange. and mark stein, conservative columnist supreme, author and christmas carol singer joins us as well. welcome to the program. president obama says i'm going to insist on raising tax rates on the rich. it is my opinion that the president wants to punish the rich. you say? >> yeah, there's not enough of the rich. this isn't about the economy for him. this is essentially about his view of government. he believes in the state being a certain size, and so what's important to him is that he finds money to support that. so he starts with the rich, but basically if you are not rich, if you are middle class, if you just go and do an average paying job, you're going to be stuck with the costs of this size of government too. there's no way to avoid that. stuart: so you are saying look the president wants to expand government no matter what. >> yes. stuart: and we've all got to pay for it. not a question of making the rich pay for it because there's not enough money amongst the rich. everybody ends
and nicole petallides on the floor of the new york stock exchange. and mark stein, conservative columnist supreme, author and christmas carol singer joins us as well. welcome to the program. president obama says i'm going to insist on raising tax rates on the rich. it is my opinion that the president wants to punish the rich. you say? >> yeah, there's not enough of the rich. this isn't about the economy for him. this is essentially about his view of government. he believes in the state...
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and nicole petallides right there on the floor of the new york stock exchange. china, cracking down on money transfers at wynn macau casinos. i guess that wynn stock is going to be down? nicole: you are right. we're seeing the stock down nearly 4% here. this is not good news for them overall. basically china's new leadership cracking down on fast money moving. they are going to set rules where you can't -- restrict the limits on how much money can actually be taken out of the country. there are a lot of new rules that would be put in place. all of it is obviously for responsible gambling, but it seems to be a lot deeper than that. stuart: i've been to that casino in macau. i mean totally different from anything you will ever see on the strip in las vegas. i mean it is really really different. i will get to that a bit later. david: yeah, we're all interested in that story. stuart: i don't gamble. david: man oh man. [laughter] stuart: moving along, republicans counteroffer to president obama's solution to the fiscal cliff yesterday with a plan of 800 billion dolla
and nicole petallides right there on the floor of the new york stock exchange. china, cracking down on money transfers at wynn macau casinos. i guess that wynn stock is going to be down? nicole: you are right. we're seeing the stock down nearly 4% here. this is not good news for them overall. basically china's new leadership cracking down on fast money moving. they are going to set rules where you can't -- restrict the limits on how much money can actually be taken out of the country. there are...